EU initiatives to enhance green fuels for aviation and shipping, yet raise concerns with delayed 2040 climate target

European green transport group Transport & Environment (T&E) has praised the new European Union (EU) initiatives aimed at reducing energy costs by increasing the deployment of renewable electricity and enhancing trade and investment in clean technology.

Despite this, T&E expressed concern over the EU’s decision to postpone proposing a climate target for 2040, viewing it as an alarming signal. The announcements also included a Clean Industrial Deal focusing on domestically producing renewable fuels for aviation and shipping.

However, T&E criticized the EU Commission’s hurried proposals that aim to dilute the sustainability reporting rules, which ensure corporate accountability for environmental and social impacts.

The EU’s Action Plan on Affordable Energy seeks to significantly boost electrification in the economy…